GSFC - Selling from Top@160 -Cracks in Wave A/1 - 163 to 134
Updated
Closing Price@134.65 - 15th Nov2017
GSFC - Gujarat State Fertilizers and Chemicals
Excited as GSFC cracks right on the top@160 as suggested in the last update. Looks like we are close to the end of an impulsive move downside from the highs of 165. Any push later above 139-140 shall be the clue that the downfall is in place & done.
Previous Update - Cracks with wedge at 165 - Will it fall deep to 110-115
What we expect next?
Moving above 139-140 -likely it will retest the gap zone 146-150 where it should face the next resistance zone.
GSFC - Gujarat State Fertilizers and Chemicals
Excited as GSFC cracks right on the top@160 as suggested in the last update. Looks like we are close to the end of an impulsive move downside from the highs of 165. Any push later above 139-140 shall be the clue that the downfall is in place & done.
Previous Update - Cracks with wedge at 165 - Will it fall deep to 110-115
What we expect next?
Moving above 139-140 -likely it will retest the gap zone 146-150 where it should face the next resistance zone.
Trade active
13:40 Hrs 16th Nov2017Last Price@135
Early in advance as expected - 132-133 seems to be good support zone.
Trade closed manually
18:05 Hrs 16th Nov2017Last Price@136.65
Turning upside - Take Care. Closing the update- Thanks
Best Regards,
Abhishek H. Singh
Growth Director - TradingView India
YouTube Channel youtube.com/channel/UCYcnYveYBNLD-Qp54hvZogw
Twitter Handle
twitter.com/TalksWave
Telegram Handle
(Deleted)
Abhishek H. Singh
Growth Director - TradingView India
YouTube Channel youtube.com/channel/UCYcnYveYBNLD-Qp54hvZogw
Twitter Handle
twitter.com/TalksWave
Telegram Handle
(Deleted)
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